Norfolk Southern Fourth-Quarter Profit Rises
Norfolk Southern Corp. said its fourth-quarter profit increased 24%, and income from railway operations rose 23% to $881 million.
January 22, 2014Best Trucking Invoicing Software for Growing Carriers
Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.
Despite Cost Disputes, Panama Canal Expansion to Move Forward, Authorities Say
ATLANTA — The Panama Canal expansion is expected to move forward on schedule despite an ongoing dispute with contractors over the project’s cost, an administrator for the Panama Canal Authority told an audience of transportation executives here last week.
January 22, 2014Odyssey Logistics & Technology Acquires Two Firms
Odyssey Logistics & Technology Corp. said it has acquired CMI Freight-Trans and Steel Wheel Transfer. Terms were not disclosed.
January 22, 2014Knight Increases Earnings Forecasts
Knight Transportation Inc. has increased its profit forecasts for the fourth quarter of 2013 and the first quarter of 2014, citing better performance than it had previously expected.
January 21, 2014Daimler to Launch Loyalty Program
Daimler Trucks North America said it is preparing to launch a loyalty program aimed at rewarding small fleets and owner-operators.
January 21, 2014Navistar Makes LED Headlights Standard on ProStars
Navistar International Corp. said headlights that use light-emitting diodes are now standard features on all International ProStar trucks.
January 21, 2014YRC, Teamsters Announce Tentative New Deal
YRC Worldwide and the Teamsters union said late Jan. 17 that they have reached a tentative new labor agreement to help the carrier deal with its debt and financial situation.
January 21, 2014Distracted Driving Tops List of NTSB’s Safety Priorities
WASHINGTON — Eliminating substance-impaired and distracted driving, as well as strengthening vehicle-occupant protection, were included on the National Transportation Safety Board’s Most Wanted List of safety issues released last week.
January 20, 2014Higher LTL Profits Expected in 4Q, But Slower Growth in TL, Logistics
Most publicly traded less-than-truckload operators are likely to report improved results when fourth-quarter earnings reports begin this week, but profit growth in other sectors is expected to be slower, analysts predict.
January 20, 2014Opinion: Addicted to Hauling Partial Loads
The trucking industry is addicted to hauling air. Trailers that ideally should be rolling down the road filled to capacity are burning precious fuel just to carry a couple of skids 1,000 miles.
January 20, 2014